On the heels of passing the largest tax increase in Washington state history, legislative Democrats are once again looking to taxes to fill the budget gap. Their latest proposal is a “payroll excise tax” on wage earners (i.e. an income tax) – an idea modeled after Seattle’s JumpStart tax. Visit HouseRepublicans.wa.gov/Get-Involved to learn how you can get involved and participate in the legislative process. The 2026 legislative session will begin on Jan. 12. | Washington State House Republicans
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Free Washington Retirement Planning Community and Courses: https://www.skool.com/washington-wealth-breakthrough/about Understanding how Social Security is taxed comes down to one thing: provisional income. It’s a formula that adds up all your other income any nontaxable interest 50% of your Social Security. That number determines whether 0%, 50%, or up to 85% of your benefits become taxable. For couples, staying under $32,000 of provisional income means no taxes on Social Security. From $32K-$44
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